James L. Carroll, CFA and Ken Solak of Pointe Capital Management presented The New World of MLPs: Opportunity, but Stock Selection Rules to the CFA Society Minnesota on May 18th, 2017. The agenda included a summary of the energy industry over the last 24 months and the outlook for investing in the energy space, and in midstream MLPs in particular. Despite the steep drop in oil prices from late 2014, midstream MLP fundamentals have been more consistent than investors realize.